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Megatalls Discussions of projects under construction at least 600m/2,000 ft tall.



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Old January 17th, 2009, 06:54 PM   #541
SilentStrike
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I dont really like this. It's just... Too tall. It looks bad. Sometimes I even think Burj dubai is too tall cus of the lower surrounding buildings. But with this tower the difference is just too big.
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Old January 17th, 2009, 06:57 PM   #542
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Stop talking and start building this tower!
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Old January 17th, 2009, 07:13 PM   #543
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Stop talking and start building this tower!
I wouldn't be expecting this thing to ever get build. If you are... it'll prolly be done by like 2030, when we will be able to construct buildings much cooler and taller with faster techniques.
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Old January 21st, 2009, 02:55 AM   #544
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if any wrong tell me!


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Old January 21st, 2009, 04:56 AM   #545
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the project will start soon

The company announced operating losses worth 14.7 billion riyals in 2008 .. Alwaleed bin Talal:
The continuation of the "Kingdom" in a sign of their financial strength and a reflection of the volume of investment opportunities in our national economy
Albesili Abdullah of Saudi Arabia

Prince Alwaleed bin Talal bin Abdul Aziz Al-Saud, chairman of Kingdom Holding Company, the consolidated financial results for the year ended December 31 (December) in 2008, where the company had operating losses worth 14.7 billion riyals, the company pointed out that an increase in the reservation, made an additional 15 billion riyals Km_khass to compensate for the decline in investments.

, "Prince Alwaleed bin Talal, in a statement released yesterday during a press conference held yesterday at the headquarters of the" Kingdom "The global crisis did not affect projects in the" Kingdom "ongoing," We are continuing our investments, and will soon announce the start of two giants of Jeddah and Riyadh. " Prince Alwaleed said that the continuation of the company's projects in a sign of financial strength and a reflection of the size of the investment opportunities available in the Saudi economy.

Prince Alwaleed said "the entire world suffers the current crisis, the UK and the company has investments in various countries, especially in the U.S. market, which started this financial crisis, and thus lower the value of our investments in these markets, so we are taking a huge allocations this year."

Following are more details:

Prince Alwaleed bin Talal bin Abdul Aziz Al-Saud, chairman of Kingdom Holding Company on the consolidated financial results for the year ended December 31 (December) 2008. Where the company had operating losses worth 14.7 billion riyals

The company noted that the increase in the reservation made additional 15 billion riyals Km_khass to compensate for the decline in investments.

, "Prince Alwaleed bin Talal, in a statement released yesterday during a press conference held yesterday at the headquarters of the" Kingdom "to the global crisis did not affect the Kingdom of the ongoing projects and said," Our investment and ongoing, and will soon announce the launch of two giants of Jeddah and Riyadh. "

Prince Alwaleed said "the whole world is suffering from the current crisis, and that the Kingdom has investments in various countries, especially in the U.S. market, which was launched by this financial crisis, and thus lower the value of our investments in these markets, so we are taking a huge allocations this year, and Praise God, we have a variety of different investments have not been affected by all of the same amount, and otherwise we are confident that, God willing, this crisis will recede and that the market will recover. "

Prince Alwaleed said, "We do not underestimate the scale of the financial crisis are a severe crisis, but let us remember that most of the losses resulting from the decline in stock prices and investment due to the global crisis, while the actual project on the ground is a giant projects, and thank God, and ongoing projects at the forefront of real estate investments in each of the cities of Riyadh and Jeddah. "

The Custodian of the Two Holy Mosques, King Abdullah bin Abdul Aziz, may prefer to finally unveil, and the launch of two Saudi city of Jeddah and Kingdom Tower Jeddah during the course of major development projects primarily in the area of Mecca, "about the first world," in October (October) 2008.

Prince Alwaleed bin Talal Chairman of Kingdom Holding Company, during the press conference held yesterday at the headquarters of the company. Photo: Ahmed applies

On the question of the "economic" on the decrease in the share of Kingdom Holding in Samba Financial Group, Savola Group, said that Saudi Prince Alwaleed after holding the shares have had multiple investments, including the local, regional and global, noting that the company's investment activity requires the realignment of the shares from the terms of reducing its stake in some local and international companies and increase in other companies.

On these operating losses, said Prince Alwaleed, "the actual operating loss of $ 14.7 billion riyals, representing less than 20 per cent of the company's capital, and the world is now going through a severe financial crisis has not faced since 1929, and there are local and global companies have been affected by the crisis, and we are working to re - and re-balance the direction of the company, and reiterate here that, even with the loss of the Kingdom Holding Company announced that the companies are strong. "

Prince Alwaleed said, "a Jeddah and Riyadh giant projects, which announced earlier they will work through them very soon, and therefore the company can afford the losses and start a new page of the projects coming in the UK and to consider investment opportunities to seize the local, regional and global levels."

In a question about some of the companies affected by the financial crisis and coming to the demobilization of its staff, said Prince Alwaleed said: "Nothing in our account for the demobilization of personnel, the company is a small number of UK staff and assure that it does not intend to embark on such a step, and there are many companies have been disbanded and that its staff due to considerations of each company and the scope of its operations, while Vohdd regarding our future that we continue to Tusaatna, and it was here that this time is one of the best times to start real estate projects, due to a drop in prices of construction materials and labor, and real estate projects in Jeddah and Riyadh, which the Custodian of the Two Holy Mosques, the foundation stone will not end soon and may continue to work four or five years, and during this time are likely to be the financial crisis is over, and we, have used the opportunity to build and prepare for the future. "

On the possibility of a merger or Asthomat by the Kingdom Holding Company Prince Alwaleed, the company previously worked on the composition of three mega-mergers and strong in the Saudi market, indicating that the company is always working to seize opportunities for companies as large and powerful, even with the operational loss, which represents less than 20 per cent of the capital.

The Chairman of Kingdom Holding Company said the company does not limit its investments in a specific situation, the focus will be locally and regionally, and Alakarian giant projects in Jeddah and Riyadh, and they will be announced in the near future on the executive steps for the two projects.

In a question concerning the low rate of Kingdom Holding shares in the stock market in Saudi Arabia, Prince Alwaleed said recently: "The share price decline is due to the financial markets reflected the decline in general and, therefore, we are a part of this global system, and I expect that this would be temporary, and certainly when the markets improve This will have positive effects on the share price. "

He added: "We hope to be in 2009 in the stability and balance in the global economy, and we are working in our power to achieve the wishes of the contributor Saudi Kingdom Holding, which is a mix and a reflection of what is the situation in the local, regional and global levels."

The "size of Kingdom Holding Company, if this were not the great force and capital to the situation differed greatly, but the company recorded operating losses of up to 14.7 billion riyals in the year, however, continue investment in development projects locally and is still looking at investment opportunities for regional and global, this is a sign categorically that it's extremely strong, and the reflection of the situation to occur as a result the global and local levels. "

On the banks to finance the projects, Prince Alwaleed said, "banks into custody during the recent period in giving loans to companies strong, but they still give loans to projects guaranteed returns and prominent, and we do not deter us especially when the funding to engage in a meaningful and secure investments such as real estate sector, for example, we have a Saudi real estate is a very vital area of the economy, owing to the increased demand for housing units by the Saudi society, and it was here that the mortgage would be supportive of further stimulate the property, and discussed the Kingdom Holding Company and shareholders, many banks to enter with them as partners in the projects, and thus the funding does not come only from banks ".

On the vulnerability of the hotel sector in the world of the global financial crisis, said Prince Alwaleed bin Talal, the crisis has affected the hotel sector is limited, adding that the hotel industry would return to the previous position after the global financial situation improves.
http://www.aleqt.com/2009/01/21/article_186834.html
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Old January 21st, 2009, 05:44 AM   #546
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thx for the good news bro
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Old January 21st, 2009, 03:49 PM   #547
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does that article mention anything about the towerr specifically?
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독일의 막가파 두목이름은? 칼막 휘둘러
일본에서 가장 유명한 구두쇠 수도국장 이름은? 무라까와 쓰지마

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Old January 21st, 2009, 04:21 PM   #548
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Quote:
Originally Posted by buildmilehightower View Post
does that article mention anything about the towerr specifically?
I think this is more than enough

Quote:
Originally Posted by Rody69 View Post
Prince Alwaleed said, "a Jeddah and Riyadh giant projects, which announced earlier they will work through them very soon
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Old January 21st, 2009, 04:33 PM   #549
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Unbelievable, great news!!! History is written and a treu competitor of Nakheel Tower waiting with great tension!
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Old January 21st, 2009, 04:42 PM   #550
buildmilehightower
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Not degrading this tower but I have strong feeling NHT will be higher than this one... But I love tower too.
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독일의 막가파 두목이름은? 칼막 휘둘러
일본에서 가장 유명한 구두쇠 수도국장 이름은? 무라까와 쓰지마

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Old January 21st, 2009, 05:46 PM   #551
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don't forget burj mubarak in Kuwait
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Old January 21st, 2009, 06:00 PM   #552
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^ exactly
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Old January 21st, 2009, 08:25 PM   #553
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It Gone be the Boom
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Old January 21st, 2009, 10:44 PM   #554
buildmilehightower
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Quote:
Originally Posted by ZZ-II View Post
don't forget burj mubarak in Kuwait
and...

Al Jaber Tower, Kuwait (1852m but this maybe cancelled)
Murjan Tower, Bahrain (1022m)
Mubarak al-Kabir Tower, Kuwait (1001m)
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독일의 막가파 두목이름은? 칼막 휘둘러
일본에서 가장 유명한 구두쇠 수도국장 이름은? 무라까와 쓰지마

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Old January 21st, 2009, 11:09 PM   #555
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lol, burj dubai looks like a midget compares to this tower
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Old January 22nd, 2009, 05:11 AM   #556
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Quote:
Originally Posted by buildmilehightower View Post
and...

Al Jaber Tower, Kuwait (1852m but this maybe cancelled)
Murjan Tower, Bahrain (1022m)
Mubarak al-Kabir Tower, Kuwait (1001m)
I'm not sure which of these towers was actually planned to be built and which were pie in the sky proposals. I'm sure the Al Jaber Tower wasn't actually planned to be built like many others it was just somebody's pipe dream, it certainly would have stretched construction technology just to discuss it. The other two are probably feasible but again maybe not practical. Submit
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Old January 22nd, 2009, 02:36 PM   #557
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I think the top two are old ones, maybe gone...

but I'm optimistic on the Mubarak al-Kabir Tower getting built.
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독일의 막가파 두목이름은? 칼막 휘둘러
일본에서 가장 유명한 구두쇠 수도국장 이름은? 무라까와 쓰지마

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Old January 22nd, 2009, 10:14 PM   #558
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yer pie in the sky ( pardon the pun ).
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Old February 10th, 2009, 06:21 AM   #559
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bad news:

Kingdom Tower project put on hold

http://www.arabianbusiness.com/54623...ct-put-on-hold
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Old February 10th, 2009, 06:46 AM   #560
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"This follows similar moratoriums on Dubai's 1km Nakheel Tower, the 415m Chicago Spire, and Moscow's 612m Rossia Tower."

lol find the mistake (easy)
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